Long
My BTC chart for today

In the medium/longer term, I'm still bearish, but we need to retrace a bit after this great drop we had over the past two days. Here it looks like we are almost complete a "B" wave wedge.
If we break to the upside, then I have a solid target of around 2200CNY on huobi.
That is not only a wedge target, but also if A=C. We could spring over that if we have enough bullish momentum (which we may get as shorts will close)
Good luck all
If we break to the upside, then I have a solid target of around 2200CNY on huobi.
That is not only a wedge target, but also if A=C. We could spring over that if we have enough bullish momentum (which we may get as shorts will close)
Good luck all
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.